South African businesses and households were hit by scheduled power cuts for the first time in 10 months on Friday due to breakdowns at state power utility Eskom's coal-fired power stations.Energy minister Kgosientsho Ramokgopa told reporters that Eskom had depleted its reserves and would implement "Stage 3" power cuts,

Eskom reckons a regular addendum electrical CoC is not sufficient for a solar power system to be safe or legal when connected to its grid. Instead, it demands users pay tens of thousands of rand extra to meet its registration requirements.

South Africa’s central bank lowered borrowing costs for a third straight meeting, while warning that risks to the inflation outlook have increased.

South African businesses and households will experience scheduled power cuts for the first time in 10 months due to a series of breakdowns at state power utility Eskom's coal-fired power stations, officials said on Friday.